|Bid||340.32 x 1000|
|Ask||340.58 x 1000|
|Day's range||336.22 - 344.14|
|52-week range||307.64 - 446.76|
|Beta (5Y monthly)||1.02|
|PE ratio (TTM)||17.78|
|Forward dividend & yield||4.20 (1.34%)|
|Ex-dividend date||30 Mar 2022|
|1y target est||N/A|
Deere & Company (NYSE: DE) crushed fiscal 2022 second-quarter (ended May 1) revenue and earnings on Friday -- reporting a 17% year-over-year increase in net income and excellent growth despite supply chain and inflation headwinds. Here's what's going on with Deere and why the agriculture stock is a buy despite some concerns. Deere is a cyclical stock whose earnings tend to rise and fall to the tune of the broader agriculture, construction, and forestry industries.
Companies that benefit from strong commodity prices are often safer options than directly buying financial derivatives on commodities.
EnerSys' (ENS) Q4 fiscal 2022 earnings are likely to have been hurt by a softness in its original equipment manufacturer (OEM) motive power end market, supply-chain woes, and rising costs and expenses.